Legal & Regulation

Legal & Regulation
Colorado Smokes Up $120M In Cannabis Sales In November
January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Judge Tosses Request For Injunction Against Acting CFPB Head
January 12, 2018

The Trump Administration scored another victory when it comes to the Consumer Financial Protection Bureau (CFPB), with a federal judge dismissing a request for a preliminary injunction against acting director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Trump Administration Eyes Major CRA Overhaul
January 11, 2018

The Trump administration is proposing major changes to the Community Reinvestment Act — a law first enacted in 1977 — that experts believe could mean big changes for the rules that govern lending to poor borrowers. According to Wall Street Journal reports, the net effect of...

Legal & Regulation
Treasury Blindsided By DOJ’s About-Face On Cannabis
January 11, 2018

When the Justice Department abruptly announced its revocation of the Cole Memo — the set of federal guidelines that allowed the legal marijuana industry to operate at the state level despite its status as an illegal Schedule 1 narcotic — it neglected to contact the...

Legal & Regulation
Bill Would Give FTC Authority To Police, Fine Credit Bureaus
January 11, 2018

Democratic Senators Elizabeth Warren and Mark Warner are introducing new legislation that would allow the U.S. government to levy fines on companies that are the subject of data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
Warren Slams CFPB’s Mulvaney Over Data Decision
January 09, 2018

Acting head of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, is coming under fire by Senator Elizabeth Warren over limits placed on staff members to access or acquire digital data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Google, Facebook Take FCC To Court Over Net Neutrality
January 08, 2018

Internet Association (IA), a lobbying group that represents the likes of Amazon, Facebook, Google and Netflix, is joining a lawsuit against the Federal Communication Commission’s move to get rid of net neutrality. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Peering Into The Beginnings Of 2018’s Regulatory Environs
January 08, 2018

Across the regulatory landscape, it is not just where you’ve been, where the rules are in place, but where the rules are headed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Tucker Gets 16-Year Sentence In Payday Lending Case
January 08, 2018

Race car driver and Kansas businessman Scott Tucker has been sentenced to 16 years and eight months in jail for crimes associated with Tucker’s payday lending business. According to a report in Reuters, the sentencing came down from U.S. District Judge Kevin Castel in Manhattan....